You know, in light of whats happening with Ripple, I think it would be a good time to make some rules/clarifications regarding JR's stash. I've said it before and I'll say it again- I'm totally happy with JR having a crap load of Mastercoins. Nothing makes me happier then a) him having incentive to keep working b) it being build on Bitcoin so thus not being a distraction. Maybe I've love to have more Mastercoins myself, but he did PAY for them with over 1K of BTC which would have had him riding pretty high in the real world had he not invested them. (Can he get them back out?)
That said, maybe just clarify for everyone your intentions for the future? So we don't have to deal with a Ripple-esque shit storm some point in the future?
thanks!
"Judge people by their actions not by their words"
JR's actions went against his words. I do not blame him for this but it does shed light on his true nature. You just can't trust him. It doesn't mean he's a bad guy. Anyone investing in mastercoins has to consider the real possibility that JR will announce he'll dump all his coins at any given moment.
Until there is a means of him time locking his coins, we just have to keep, in the back of our minds, his previous actions.
P.S.
I seem to remember JR mentioning before the IPO, he would not be buying in during the beginning of the IPO, but towards the end, as to not accept a large bonus. He also went against his words and bought in on the second or third day.